We are pleased to share From Engineering Dominance to Integrated Resilience—China’s Flood-Management Transformation. This is part 2 of our 3-part China Flood Series. Part 1 is A Century of Floods in China—Historical Patterns and the Evolving Drivers of Loss, while part 3 will be The Intensifying Urban Flood Threat—Building Financial and Physical Resilience in China.
Catastrophic floods throughout China’s history have deeply affected socioeconomic development, public safety and the environment, while also driving steady improvement in the country’s disaster prevention and mitigation systems.
Heavy investment in both hard engineering and advanced adaptive technology has significantly reduced the human impact of floods in the country in the last few decades. As the nature of flood risk continues to evolve, (re)insurance will play a key role in ensuring long-term resilience and economic prosperity.